19A Hogan Road, Ballan VIC 3342
19A Hogan Road, Ballan VIC 3342
rural-fringe allotment | low-density setting | detached house | commuter lifestyle | space beyond standard lots
The property is positioned on the rural fringe of Ballan, where low-density zoning preserves a semi-rural character. It is best suited to a buyer drawn to space beyond standard suburban lots, with room for sheds, landscaping, or a hobby-oriented layout, while daily services are still easily reached. The detached house is likely to appeal to owner-occupiers seeking privacy and a slower pace, and the typical buyer is often motivated by commuter access to the main highway and rail links. That combination of space and proximity gives the property an edge over standard residential stock in the suburb.
Value may be influenced most by house condition and layout relative to the land, as the dwelling’s age and presentation are key in a rural-fringe setting. Zoning and overlays may affect subdivision potential, a factor often priced in. If the house is sound, buyer competition will be stronger; if renovation is significant, the land will carry more of the value.
>> Comparable Sales: 33 Hogan Road sold $1.211M in April 2021; 5484 Geelong-Ballan Road sold $1.7M in May 2022 | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, house condition, rural-fringe location
Detailed Independent Property Report prepared by PropCred Analyst team for 19A Hogan Road, Ballan VIC 3342
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Ballan, in VIC 3342, is a small regional market with a mature demographic profile. Demand is led by professionals and trades, with monthly buyer interest around 930 against annual sales of 34–62 houses-indicative of thin but active turnover. Median house values span $590,000–$665,000 across sources, with annual growth between -1.2% and +1.1%; the market is flat, but historical average annual growth of +9.44% points to prior gains. Houses take 49–192 days to sell, varying by price point and stock. Population growth has been solid and income growth strong, supporting medium-term demand. Ballan Primary School anchors family demand, but limited supply-about 34 dwellings monthly-and modest incomes relative to values leave affordability stretched and rate sensitivity high.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
6
Land
2450m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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